Senior Care Franchise opportunities to start in Loughborough
What to consider when opening a franchise in Loughborough
If you want to start your own business, you may find that Loughborough has a lot to offer. Many brands are currently recruiting franchisees in the Charnwood area. Read on to find out if running a franchise could be a good option for you! Explore our sectors and brands to find your best options among different franchising opportunities, keeping in mind your personal interests and career objectives.
A recent census found that 183,000 people live in Charnwood. The majority of residents are aged 20 to 39 years old. The local labour force includes 96,200 people, or 81.3% of the total population. With an unemployment rate of 3.1%, recent data indicates that employment in this area is lower than in the rest of the United Kingdom. The annual salary in the UK is £30,629 on average. The people of Charnwood earn an average annual salary of £28,053, slightly lower than the country's average.
Does the Senior Care sector appeal to you?
There are 12 brands currently looking for franchisees in the Senior Care sector. If this sector appeals to you, check them out. In fact, we have a wide range of options in the Personal & Home Care Services sector including the franchises in the Senior Care sector. You can pick from three Photography franchises, 11 Handyman franchises, four Medical franchises, nine Preschool franchises and five Drainage franchises today. It may interest you to know that companies in the Charnwood area currently employ 6,000 people in the Health Care sector.
Want to know more? Read about these three brands
If working in the Senior Care sector appeals to you, check out Home Instead. Initially established in 2005, the brand is now mature and a leader within the sector, having grown its franchise community for 15 years. It is now firmly rooted in the market, counting 1,200 franchise locations. Opening a Home Instead business requires a significant initial investment of £90,000. If you intend to get a loan to cover the startup costs, Home Instead asks for a personal investment of at least £30,000. For most franchises, this amount represents 30 to 50% of the total investment. The higher startup costs make this an opportunity best suited for most established franchisees with greater access to financial resources.
Another option worth considering is Seniors Helping Seniors. The brand runs in 300 franchise locations which make up a well-established business network. Good to know: you won't need any premises as you can work from home. An investment in this franchise entitles you to financial assistance, if eligible.
Lastly, another option to consider is Promedica24. By joining its current 100 franchisees, you would be joining a growing brand network. A total of £40,000, an affordable initial investment, is required to start a Promedica24 franchise. You might want to consider getting a loan to cover the startup costs, in which case at least £1,000 of the total investment should come from your personal funds. Given these low startup costs, this option could be suitable for first-time franchisees. Also, if you can't afford the startup costs on your own, you may qualify for financial support. See our website for more information.
If you would like to take a look at more new business investment options in the Senior Care sector, we currently have 12 available opportunities. If you're interested in exploring investment options in other sectors, we've got a total of 236 franchising opportunities to choose from on Point Franchise.
NOMIS and the ONS provided the data shown on this page. This text was automatically generated by LabSense.